Cambodia (KHM) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Cambodia-Belgium Trade: In 2023, Cambodia exported $61.9M to Belgium. The main products that Cambodia exported to Belgium were Diamonds ($7.52M), Bicycles, delivery tricycles, other cycles ($5.04M), and Textile Footwear ($4.78M). Over the past 5 years the exports of Cambodia to Belgium have decreased at an annualized rate of 17.3%, from $160M in 2018 to $61.9M in 2023.

In 2023, Cambodia did not export any services to Belgium.

Belgium-Cambodia Trade: In 2023, Belgium exported $135M to Cambodia. The main products that Belgium exported to Cambodia were Diamonds ($67.5M), Packaged Medicaments ($17.6M), and Vaccines, blood, antisera, toxins and cultures ($9.78M). Over the past 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 5.31%, from $84.7M in 2018 to $135M in 2023.

In 2023, Belgium did not export any services to Cambodia.

Comparison: In 2023, Cambodia ranked 95 in the Economic Complexity Index (ECI -0.66), and 68 in total exports ($34.3B). That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cambodia exported $61.9M to Belgium. The main products exported from Cambodia to Belgium were Diamonds ($7.52M), Bicycles, delivery tricycles, other cycles ($5.04M), and Textile Footwear ($4.78M). During the last 5 years the exports of Cambodia to Belgium have decreased at an annualized rate of 17.3%, from $160M in 2018 to $61.9M in 2023.

In 2018, Belgium exported $135M to Cambodia. The main products exported from Belgium to Cambodia were Diamonds ($67.5M), Packaged Medicaments ($17.6M), and Vaccines, blood, antisera, toxins and cultures ($9.78M). During the last 5 years the exports of Belgium to Cambodia have increased at an annualized rate of 5.31%, from $84.7M in 2023 to $135M in 2018.

Exports from Cambodia () to Belgium () (2023)

Exports from Belgium () to Cambodia () (2023)

Latest Data

Trade between Cambodia () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cambodia
Top DestinationUnited States$12.2B

Belgium
Top DestinationFrance$85.6B

This map shows whether countries import more from Cambodia or Belgium. Each country is colored based on the difference in imports they receive from Cambodia and Belgium or the difference in the growth in imports.

In 2023, countries that imported more from Cambodia than Belgium included Thailand ($1.6B), Vietnam ($1.55B), and Singapore ($1.36B).

In 2023, countries that imported more from Belgium than Cambodia included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

Difference in imports from Belgium () and Cambodia () (2023)

Comparative Advantage Cambodia - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cambodia and Belgium by product, considering products traded by both, Cambodia and Belgium.

During 2023, Cambodia had a large net trade with Belgium in the exports of Textiles ($29.2M), Footwear and Headwear ($9.14M), and Precious Metals ($7.52M).

During 2018, Belgium had a large net trade with Cambodia in the exports of Precious Metals ($67.5M), Chemical Products ($28.6M), and Foodstuffs ($10.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cambodia Belgium+$20.2MKnit Sweaters

Top Product Potential Belgium Cambodia+$8.02MCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Cambodia and Belgium. This means that a dot/product with the flag of Cambodia indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Cambodia.

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Historical Data

Bilateral Trade by Products

Exports from Cambodia () to Belgium () (2023)

Exports from Belgium () to Cambodia () (2023)

Latest Data

Trade between Cambodia () and Belgium ()

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Cambodia () (2023)

Comparative Advantage Cambodia - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cambodia () and Belgium () (2023)

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